Showing 1 - 10 of 20
Business jet demand soars in Asia
Business, Molpasorn Shoowong, Published on 30/03/2026
» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.
Push for policy to lift competitiveness
Business, Molpasorn Shoowong, Published on 10/02/2026
» With the Bhumjaithai Party expected to lead the government for a full four-year term with a high degree of stability, tourism operators are urging the government to focus on long-term investment rather than short-term stimulus in order to compete with regional rivals such as Vietnam.
Tourism still a stalled engine
Business, Molpasorn Shoowong, Published on 29/12/2025
» In 2025, the Thai tourism industry faced its first contraction since the pandemic, with several setbacks consistently hampering tourist confidence.
Lan Kwai Fong joins Phuket deal
Business, Molpasorn Shoowong, Published on 12/03/2025
» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.
Centara opens 2 new Maldives hotels
Business, Molpasorn Shoowong, Published on 19/02/2025
» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.
Banyan Tree makes a splash in Nakhon Si
Business, Molpasorn Shoowong, Published on 13/02/2025
» Real estate and tourism operators are hoping the potential of Nakhon Si Thammarat can draw tourists who prefer tranquillity over bustling beach cities, as the province welcomes its first branded residence, Banyan Tree, in Sichon.
Supalai bullish despite tricky conditions
Business, Molpasorn Shoowong, Published on 30/01/2025
» The real estate sector might record the lowest number of new residential projects launched in 15 years in 2025, attributed to a sluggish economy, high household debt and an elevated loan rejection rate, according to SET-listed developer Supalai.
Hunt for tourists continues with visa-free travel for Chinese
Business, Molpasorn Shoowong, Published on 27/12/2024
» The government worked to promote the tourism industry as an economic driver this year, as seen with the agreement of a permanent visa-free scheme between Thailand and China.
Boom anticipated for top Phuket projects
Business, Molpasorn Shoowong, Published on 01/11/2024
» Grade A residential projects in Phuket are valued at 337 billion baht and are expected to grow by 10-20% annually over five years, driven by demand from affluent buyers globally, according to C9 Hotelworks, a hospitality consultancy.
Budget for travel subsidy may tick up
Business, Molpasorn Shoowong, Published on 21/10/2024
» The Tourism and Sports Ministry plans to talk with the Finance Ministry about increasing the budget for the travel subsidy scheme aimed at mitigating the flood impact for tourism firms in the North.